Answer:
Irrelevant.
Explanation:
The information sent is irrelevant because the CEO asked for information on employee turnover from the manager. The manager now sent the salary details of new hires during the period.
There is no way the CEO can use the provided information for new hires to get information for employee turnover. So the report is irrelevant.
Answer:
Total unit cost= $736.5
Explanation:
Giving the following information:
Units in beginning inventory 0
Units produced 20,000
Units sold 17,000
Units in ending inventory 3,000
Variable costs per unit:
Direct materials $160
Direct labor $470
Variable manufacturing overhead $58
Variable selling and administrative$25
Fixed costs:
Fixed manufacturing overhead $970,000
Fixed selling and administrative $570,000
Absorption costing:
Variable direct material= 160
Direct labor= 470
Variable manufacturing overhead= 58
Fixed MOH= 970000/20000= 48.5
Total unit cost= $736.5
Answer:
If products with a higher contribution margin increase their weight in a company's sales mix, that will lead to a higher total contribution margin, and a higher operating profit.
Explanation:
E.g. a company sells 2 products, and it sells them in equal proportion:
- 100 units of product A, which has a contribution margin per unit of $5
- 100 units of product B, which has a contribution margin per unit of $7
Total contribution margin = $500 + $700 = $1,200
if the sales mix changes, and the sales of product B represent 60% of total sales:
- 80 units of product A, which has a contribution margin per unit of $5
- 120 units of product B, which has a contribution margin per unit of $7
Total contribution margin = $400 + $840 = $1,240
When a company obtains a utility bill but will not pay it right away, it should debit utilities expense and credit accounts payable.
The accounting equation, Assets = Liabilities + Owners Equity means that the total assets of the business are all the time equal to the total liabilities plus the total equity of the business. This is true at any time and applies to each matter.
In this case the balance sheet or accounts payable have an increased of $500, and the income statement has a utilities expense of $500. The expense decreases the net income, retained earnings, and therefore owners’ equity in the business.
Answer:
The correct answer is letter "C": in color.
Explanation:
In order to make a sentence more concise, it is better to avoid redundancies, it is setting aside words that have a similar meaning within the same segment. Redundancies are typically useful for literature when the author wants to emphasize the meaning of something. Though, when talking about scientific facts, it is better not to use them because they tend to confuse the meaning of the message delivered. In:
<em>When the scientists added the final chemical into test tube, the malodorous liquid turned green in color.
</em>
"...in color" does not add meaning to the message. If something turns green it is understood that the color has changed. Thus, to make more concise the sentence we should delete it.